Better play it safe and use a warranty deed instead.Also, later on when you sell your property, it will keep the chain of title cleaner for the next title insurance.Last but not least, a warranty deed does not cost more than a quit claim deed...

Managing tenants is probably the most frustrating task of all the task associated with owning rental property.  

For (2), as properties age the rents you command decrease. 

I used a realtor that specialized in rehab properties.

Ok yeah we are thinking of getting an investment property loan so we can stay in our current home.If we did the FHA route we are considering on living in the new property for 1 year and then moving back into our old one after the year is up.We are curious if we would get a more favorable rate if we borrowed from our home equity to buy the investment property.Do you have any idea if many investors borrow from their home equity to get started?  

If they are asking for short sale that means property is worth less than is owed.

I took quite a break from buying properties and now on the hunt again.

Historically, real estate markets perform best when the economy is stable, with steady mortgage rates and consistent demand for housing and commercial properties.

Is there debt on the property or are you doing all cash?

Do you have one already established for your other properties?